Core Source Co., Ltd. (688521.SH) intends to acquire 97.007% stake in Core Technology, and will resume trading tomorrow.

Zhito Finance APP News, SinnoChip (688521.SH) announced that the company plans to purchase a total of 97.007% equity of Sinno Technology held by 31 transaction parties including Xinlai Gongchuang, Hu Zhenbo, and Xinlai Hecuang by issuing shares and paying cash, and raise supporting funds. As of the date of the proposal signing, the company directly holds 2.9930% equity of Sinno Technology. After the completion of this transaction, Sinno Technology will become a wholly-owned subsidiary of the company. The company's stock will resume trading from September 12, 2025.